colapop requires, an average, 2,700 tons of aluminum each week, with a standard deviation of 700 tons. The lead time to receive its orders is 8 weeks. The holding cost for one ton of aluminum for one week is $9. It operates with a 0.99 in-stock probability on average how many tons does it have on hand? if its average inventory was 9000 tons, what would be its average holding cost per week? Suppose its on-hand is 5375 tons, on average, what in stock probability does it offer to customers?

colapop requires, an average, 2,700 tons of aluminum each week, with a standard deviation of 700 tons. The lead time to receive its orders is 8 weeks. The holding cost for one ton of aluminum for one week is $9. It operates with a 0.99 in-stock probability on average how many tons does it have on hand? if its average inventory was 9000 tons, what would be its average holding cost per week? Suppose its on-hand is 5375 tons, on average, what in stock probability does it offer to customers?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 56P

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